Disclosing finances to partner

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ElectronBlue's picture
Joined: 27/07/2011 - 10:11
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Disclosing finances to partner

New child benefit rules mean that some high earners and their partners will be expected to disclose their finances to each other from next January.

People will also be able to find out from HM Revenue and Customs if their partners receive child benefit, or earn above £50,000 a year.

The changes are part of the forthcoming taxation of child benefit in households where someone earns above £50,000.


Now this seems odd to me... because surely if you are in a relationship with someone to the point of cohabiting and having children together, then why would you keep your earnings a secret?

Or am I missing the point?

Does your partner know how much you earn?